insurance sector


Sunflower seeds, sweets and chewing gum! Insurance, washing machines, investment funds!

Manuel Moreno Capa | Axa, Mapfre, Mutua and other big insurers have spent years settled solidly in the collective investment market, with their powerful fund managers. But today they are taking a step further: as insurers they are confronting what the experts call a structural fall in profits in their traditional business, they want to grow in others, but not only offering funds through their managers, but directly buying parts of the market, in other words other managers who bring their funds and their clients.


The Mutualist Roots Of Mapfre Has Not Let It Keep Up With The Rest Of The Sector

The Spanish leader in insurance has registered a modest performance of +14% in the last two years, the weakest among the insurers analysed at Alphavalue. Since August 2017, when the hurricane season began in the US, Mapfre has not been able to keep up with the rest of the sector. In Alphavalue´s estimates, the company should benefit from a first series of three consecutive years of growth in net profits in the period 2018-20.

Insurace sector dividend

The Insurance Sector: Assured Of A Rest

Leaving aside the hole left by the last hurricanes, insurance companies’ P&L accounts tell the story of a sector which has not suffered much in the context of zero interest rates. An insurer runs less of a risk in a context of zero interest rates than of a financial crisis.

Insurace sector dividend

The future of insurance companies: merge or disappear

Mari Pinardo | Insurance companies, particularly the European ones, are up against a rock and hard place due to the low interest rate environment, the need to look for long-term profitability, the lack of investor appetite and the impact of Brexit on European fixed income markets. This backdrop, coupled with the high level of fragmentation in the sector in Spain, is likely to lead to more consolidation in the short-term.